Dick’s Sporting Goods will pay $24 per share, or about $2.4 billion, to buy Big Foot, adding about $8 billion in annual revenue and 2,400 stores in a big step towards countering its acquisitive competitor JD Sports in the U.S., while also giving DKS an international presence for the first time.

First quarter net income increased 18% to ¥31,647 million ($207.4 mm) from ¥26,737 million, with a 20% jump in revenues to ¥208,313 million from ¥174,102 million, across every category and geography.

The footbed sandal maker sees opportunity from the current tariff situation as its vertically integrated and European-based supply chain insulates it from tariffs on Asian suppliers that the rest of the industry relies on.

The renamed Fila Holdings reported 13% higher Q1 profit attributable to shareholders of KRW 81,801 million ($56.4 mm) against KRW 72,088 million, on a 5% sales increase to KRW 1,237,499 million ($852.9 mm) from KRW 1,182,623 million that would have been down constant currency.

Following Giant Group’s 5% growth in Q1, Taiwan’s second-largest bicycle manufacturer, Merida Industry, saw first quarter sales jump 29% to TWD 7,567.6 million ($227.3 mm) against TWD 5,845.5 million.

Sumitomo Rubber’s sports division revenues ticked down 12% to ¥32,423 million ($212.5 mm) from ¥36,708 million in the first quarter, and operating income tumbled 59% to ¥1,736 million ($11.4 mm) from ¥4,225 million.

At The Big A’s annual general meeting, shareholders re-elected Thomas Rabe as chairman for his sixth year in the role, despite opposition from several firms, including Allianz Global Investors, Deka, Union Investment, and DWS.

The buying network for independently owned outdoor retailers added five new members and nine more stores, bringing its membership to 104 retailers with 223 retail locations.